The stock market recently saw a decline due to low retail numbers...mainly because to a drop in Walmart's seasonal sales. This could possibly be due to consumers finding more value in shopping at specialty stores. At the same time, Walmart has recently ventured into financial institutions with a bank in Mexico to "tap the undeveloped wealth of the area." While it isnt exactly a Swiss bank account, should we take notice and be weary of the Walton's new business venture? Is this the beginning of the end for Walmart and someone's looking for a way out?
2006-11-28
10:26:01
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2 answers
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asked by
Playerdre
2